December 17, 2018
If you are an auto mechanic by trade, chances are you haven’t considered starting your own business from home, despite it having enormous potential. Many Americans dream of starting a business from home. In fact, as many as 69% of U.S. entrepreneurs start their ventures at home according to a feature published in Forbes.
While there’s a myriad of home business ideas in existence with great potential, there is one in particular that can prove to be very lucrative: a home auto repair shop. If you have a keen interest in vehicle repair and maintenance and are suitably qualified, you may want to consider opening your very own home-based auto repair shop. As vexing as it may initially seem when you start planning your business, you will find upon closer examination that it is not only completely viable but also a lot easier to get off the ground than you ever imagined.
What do I need to set up a home auto repair business?
When setting up an auto repair shop at home you will need to ensure that you not only have a suitable workspace but the necessary equipment as well. If your garage is big enough it will be the ideal space as you will more than likely already have a number of resources on standby. The services you will be offering clients will largely determine what auto-repair gear you will need. There are, however, a number of very innovative accessories such as a garage parking mat that will make your job significantly easier. Although there are countless hi-tech tools and other gadgets available that you can utilize in your newly-chosen profession, refrain from accumulating unnecessary debt while you are still trying to get your business off the ground. Instead, wait till you have enough cash available before making luxury purchases.
Don’t forget the legalities
As eager as you may be to open up shop, remember that you will need permission from your local zoning and planning office to open your auto repair shop at home. If your zoning request is approved you will be able to register your business and obtain the license required. Just remember that the IRS will also require this documentation in order to process your tax. If you are unsure of the steps that need to be taken to get your business off the ground legally, you can enlist the help of a lawyer who will be able to offer some valuable advice.
Benefits of opening an auto shop at home
The USA is home to more than 263 million registered vehicles, most of which are classified as passenger vehicles. Add to this the more than 8,410,255 motorcycles and you are left with a huge potential clientele for a home-based auto repair business. If you are good at your trade and have managed to establish a good reputation for yourself you will almost be guaranteed a steady flow of work. When your auto shop is run from your home you will be privy to a host of superb benefits that include saving a lot of gas and time usually spent commuting, being able to spend more time with your family, more flexible working hours, and working in a less-stressful environment.
Although the mere thought of starting your own business may be harrowing it could prove to be the first step towards living the American Dream. As long as you are confident both in your business idea and your own technical abilities there is absolutely no reason why you can’t start a very successful auto repair shop at home.